Vermont Electric Cooperativebenefits

Vermont Electric Cooperative's benefits plans covered 106 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $51,590. Insurance brokers and agents were paid $14,666 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 28.4% of premiums. That is $138 per covered person, below the median for employer plans that report broker pay. Broker pay rose 25% from $11,744 in 2023.